The US Dollar has not been able to strengthen further following the FOMC meeting, where the fed funds rate was kept unchanged. The meeting highlighted a change in the labor market description, indicating signs of stabilization. The overall tone from Fed Chair Powell was positive regarding growth, but there are still risks for future rate cuts, notes Derek Halpenny, Head of Research at MUFG. FOMC meeting insights and dollar outlook"The main take-away from the meeting was the change in description of the labour market. (This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)